Money Mastermind Show: Personal Finance | Investing | Retirement | Entrepreneurship

Is our addiction to credit cards and consumer debt really a necessary evil in today’s interconnected world – or is there another way? Steve Stewart of MoneyPlanSOS joins us to explain his anti-debt philosophy and what options the average person has if they want to stay away from making expensive debt-related mistakes.  Since a few of us on the panel have well-established love affairs with our travel rewards credit cards the conversation should prove lively! https://moneymastermindshow.com/episode7-can-you-get-by-in-life-without-credit/ Some important points made in this episode: Is it even possible to ditch credit cards in today’s world if one wanted to? Peter and Tom bring up some interesting proof of rewards credit cards being tied to higher spending habits. Will not using credit cards hurt your credit score? Is it safer to use a credit card than a debit card? Do your credit cards rewards points fall from the sky or is someone else footing the bill? Panelists In This Episode: Special Guest – Steve Stewa